Athabasca Oil Corp Stock Performance
| ATH Stock | CAD 5.14 0.01 0.19% |
The firm shows a Beta (market volatility) of -0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Athabasca Oil are expected to decrease at a much lower rate. During the bear market, Athabasca Oil is likely to outperform the market. Athabasca Oil Corp right now shows a risk of 2.0%. Please confirm Athabasca Oil Corp information ratio, skewness, day typical price, as well as the relationship between the treynor ratio and daily balance of power , to decide if Athabasca Oil Corp will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Athabasca Oil Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy technical indicators, Athabasca Oil is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Athabasca Oil Co. Receives C6.25 Average PT from Brokerages - MarketBeat | 11/11/2024 |
| Begin Period Cash Flow | 197.5 M |
Athabasca |
Athabasca Oil Relative Risk vs. Return Landscape
If you would invest 516.00 in Athabasca Oil Corp on August 31, 2024 and sell it today you would lose (2.00) from holding Athabasca Oil Corp or give up 0.39% of portfolio value over 90 days. Athabasca Oil Corp is generating 0.0136% of daily returns assuming 2.0032% volatility of returns over the 90 days investment horizon. Simply put, 17% of all stocks have less volatile historical return distribution than Athabasca Oil, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Athabasca Oil Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Athabasca Oil's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Athabasca Oil Corp, and traders can use it to determine the average amount a Athabasca Oil's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0068
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| Negative Returns | ATH |
Estimated Market Risk
| 2.0 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Athabasca Oil is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Athabasca Oil by adding Athabasca Oil to a well-diversified portfolio.
Athabasca Oil Fundamentals Growth
Athabasca Stock prices reflect investors' perceptions of the future prospects and financial health of Athabasca Oil, and Athabasca Oil fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Athabasca Stock performance.
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.18 % | ||||
| Operating Margin | 0.38 % | ||||
| Current Valuation | 2.57 B | ||||
| Shares Outstanding | 528.1 M | ||||
| Price To Earning | 3.28 X | ||||
| Price To Book | 1.74 X | ||||
| Price To Sales | 2.06 X | ||||
| Revenue | 1.2 B | ||||
| Gross Profit | 528.07 M | ||||
| EBITDA | 111.83 M | ||||
| Net Income | (51.22 M) | ||||
| Cash And Equivalents | 197.53 M | ||||
| Cash Per Share | 0.26 X | ||||
| Total Debt | 185.54 M | ||||
| Debt To Equity | 0.25 % | ||||
| Current Ratio | 0.89 X | ||||
| Book Value Per Share | 2.93 X | ||||
| Cash Flow From Operations | 305.53 M | ||||
| Earnings Per Share | 0.40 X | ||||
| Market Capitalization | 2.71 B | ||||
| Total Asset | 2.05 B | ||||
| Retained Earnings | (821.68 M) | ||||
| Working Capital | 315.52 M | ||||
| Current Asset | 746.65 M | ||||
| Current Liabilities | 57.77 M | ||||
About Athabasca Oil Performance
By examining Athabasca Oil's fundamental ratios, stakeholders can obtain critical insights into Athabasca Oil's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Athabasca Oil is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 19.87 | 36.83 | |
| Return On Tangible Assets | (0.03) | (0.03) | |
| Return On Capital Employed | 0.13 | 0.14 | |
| Return On Assets | (0.03) | (0.03) | |
| Return On Equity | (0.03) | (0.03) |
Things to note about Athabasca Oil Corp performance evaluation
Checking the ongoing alerts about Athabasca Oil for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Athabasca Oil Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Athabasca Oil Corp has accumulated 185.54 M in total debt with debt to equity ratio (D/E) of 0.25, which may suggest the company is not taking enough advantage from borrowing. Athabasca Oil Corp has a current ratio of 0.87, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Athabasca Oil until it has trouble settling it off, either with new capital or with free cash flow. So, Athabasca Oil's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Athabasca Oil Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Athabasca to invest in growth at high rates of return. When we think about Athabasca Oil's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 1.2 B. Net Loss for the year was (51.22 M) with profit before overhead, payroll, taxes, and interest of 528.07 M. | |
| Latest headline from news.google.com: Athabasca Oil Co. Receives C6.25 Average PT from Brokerages - MarketBeat |
- Analyzing Athabasca Oil's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Athabasca Oil's stock is overvalued or undervalued compared to its peers.
- Examining Athabasca Oil's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Athabasca Oil's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Athabasca Oil's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Athabasca Oil's stock. These opinions can provide insight into Athabasca Oil's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Athabasca Stock
Athabasca Oil financial ratios help investors to determine whether Athabasca Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Athabasca with respect to the benefits of owning Athabasca Oil security.